MultiversX focuses on enhancing metaverse scalability as CEO discusses spatial computing.

The metaverse has garnered significant attention from the cryptocurrency sector and venture capitalists during the height of the last bull market. The involvement of major companies like Meta and Apple has further validated the concept, although both tech giants have adopted markedly different strategies.

On one side, Meta has redirected its entire emphasis toward virtual reality (VR) and has recently introduced new smart glasses in collaboration with Ray-Ban, while Apple has embraced a spatial computing strategy centered on augmented reality (AR) and unveiled its own AR glasses earlier in 2023.

Beniamin Mincu, the CEO of the blockchain-oriented metaverse platform MultiversX, asserts that Apple’s spatial computing approach is more aligned with the objectives of the metaverse compared to Meta’s VR Quest headset. In an exclusive discussion with Cointelegraph editor Zhiyuan Sun, Mincu expressed that Meta’s emphasis on virtual reality may be misguided, as it lacks intuitiveness, whereas Apple’s spatial computing strategy renders the AR glasses a more user-friendly experience.

He elaborated that Meta’s glasses are limited to a specific virtual environment, whereas the metaverse concept encompasses a more interactive experience within that environment. The glasses concentrate solely on a single application rather than multiple functionalities:

“I think the most fundamental one that changes the conversation is viewing a lens or an interface as a spatial computing device. I think this is a very underrated paradigm shift that Apple has introduced. So this is why spatial computing, it seems like it’s the same thing, which is a different world.”

Spatial computing encompasses the methods and tools utilized to capture, process, and engage with three-dimensional data. It may involve the Internet of Things, digital twins, ambient computing, augmented reality, virtual reality, artificial intelligence, and physical controls. Spatial computing represents human interaction with a machine, where the device retains and manipulates references to real objects and spaces.

Related: The Sandbox co-founder explains how the metaverse has evolved for brands: Web Summit 2022

Mincu further noted that the upcoming technical enhancements for MultiversX on Oct. 19 will align the platform with the spatial computing framework, enhancing its scalability. The technical upgrade is set to introduce essential features to the platform, including early block proposals, parallel node processing, consensus signature checks, and improvements to dynamic gas costs.

These technical enhancements are expected to boost transactional throughput by seven times, resulting in quicker confirmations and reduced finality. Among other significant updates, the new upgrade will implement on-chain governance, a revamped virtual machine, and an enhanced relayed transaction model, enabling tokens on the network to cover gas expenses.